Making sure my loved ones don't have to worry about planning and paying for my funeral is sensible. Golden Leaves also make it great value by helping to beat inflation in funeral costs
The Golden Leaves Silver Plan
This plan provides the professional services of your funeral director, a hearse to meet the mourners at the crematorium or cemetery and a simple coffin. It also guarantees the cremation and ministers fees. If a burial is selected, it includes a contribution towards burial disbursements.
- Cremation or burial
- Basic coffin
- Chapel of Rest for friends and family to visit
- Funeral director’s professional services, allocated by Golden Leaves
- Advice on funeral registration, documentation and certification
- Removal from place of death to funeral director within 25 miles (during normal working hours)
- Care of deceased prior to funeral
- Conductor and four pallbearers at funeral plus hearse
- Thank you cards
- Bereavement counselling (where available)
- Guaranteed cremation and minister’s fees
What’s not included?
- Cost of disbursements where these are higher than the allowance (if you have chosen a burial). See ‘Disbursements’ below.
- Limousines for funeral cortege
- Doctor’s fees
Disbursements are fees which have to be paid for things that are outside of the control of the funeral director. Examples are doctors’ charges or fees for church services and the minister, or to buy a burial plot or interment fees. Please note that your next of kin or estate may have to pay the balance for disbursements if your chosen plan includes only a contribution and the costs of disbursements are more than this amount.
Our Silver plan includes only a contribution towards disbursements if you choose a burial so it is possible that in this case, your estate or next of kin may need to settle the difference.
If you would like additional services not included in the plan, such as the purchase of a new grave or a service at a local church, please let us know. We will be happy to discuss these with you and incorporate the costs into your plan, providing your selected payment option allows this choice (for example, additional payments cannot be added if you have opted to purchase your plan by way of fixed monthly payments).
Once you’ve decided on the plan that best suits your needs, just talk to us and we can arrange the payment method that is most appropriate to your personal circumstances. Payments can be made by way of low fixed monthly payments, single payment, by instalments over 12 months, or by way of a credit finance agreement taken over a period of 2-8 years.
Contact us if you would like a more detailed chat about all your options.
Call 0800 85 44 48.
Important information that you should know
Single payment (i.e. one lump sum) – you can cancel within 30 days or within 7 days of us telling you who your funeral director is (if this is later). You’ll get all your money back. If you cancel after this, you’ll get your money back but we’ll keep a £249 charge for administration.
12 months’ instalments – you can cancel at any time in the 12 months and get back everything you’ve paid. After that, you’ll get your money back but we’ll keep a £249 charge for administration. Payment option not available if you have been advised by a doctor of a condition or illness that might cause death within 12 months of applying for a plan.
Credit-financed payment** – this is a loan and it’s subject to status and personal circumstances so you’re not guaranteed to be accepted. You must keep up payments on this: if you miss payments, your plan may be cancelled. If you select this option you will be provided with pre-contract credit information, adequate explanations and a credit agreement directly by Funeral Safe Limited. You will have a cooling off period which is the longer of 30 days from the date of the call or 7 days from when we tell you who the allocated funeral director is. During this period, you can cancel the purchase of your funeral and receive a full refund of any money you have paid to that date. If you cancel after this point, we’ll pay back the cost of your plan to Funeral Safe but we’ll keep a £249 charge for administration. Payment option not available if you have been advised by a doctor of a condition or illness that might cause death within 12 months of applying for a plan. You must repay your finance to Funeral Safe Limited before your 85th birthday
Fixed monthly payments* – this is the cheapest per-month way to pay but you may pay more over the life of your plan than if you choose other ways to pay for this so please consider this carefully. We take out a policy on your life to cover the costs of the funeral – you will not be the policyholder. Your plan will be at risk if you don’t keep up your monthly payments. You can cancel at any time in the first 12 months and get your money back. If you cancel after this though, please be aware that you will NOT get any money back and you’ll have to pay £25 to cancel. Payment option not available if you have been advised by a doctor of a condition or illness that might cause death within 12 months of applying for a plan
What happens to the money I paid for my plan? – We help many thousands of customers to plan and fund their funerals. Because of economies of scale, we can sell our Plans to our customers at a rate which is usually far more cost effective than it would be for them buying from a funeral director at the time of the funeral itself. As a commercial enterprise, we have costs of doing business and promotional marketing. These costs are met by supply side economies of scale delivered by our ability to purchase funerals in bulk and are consequently absorbed into the price of our Plans.
We retain an amount from the price paid by you for your Plan (which is currently £249) to cover our administrative costs of running the business for the life of each Plan, which is approximately 11 years. We also retain an amount (which currently ranges between £401 and £934 dependent on which plan you purchase) to cover marketing, sales fulfilment expenses and to provide the business with an element of profit. The balance is placed in the Trust in order to pay the Appointed Funeral Director and other costs of the agreed funeral (for further information, please see our Commission and Payment Disclosure and refer to our fees and payments breakdown summary table for further details.
If you have purchased by way of Fixed Monthly Payments, Golden Leaves will receive a commission payment (which currently ranges between £590 and £1,061 dependent on your age and which plan you purchase) which will cover these costs of sales, marketing, administration and provide the business with an element of profit. Your monthly premiums are used to buy a life insurance policy with a FCA Regulated Insurance Company, the payout from which will be used to fund your funeral services.
Regional variations in pricing
Our plan prices are based on a national average – in some areas of the country the prices of services may be considerably higher – should your chosen funeral director not accept the plan at our national average price we will advise you of the regional variation in pricing.
For the Phoenix Life fixed monthly payments plan, your payments are used to buy a whole of life insurance policy, issued by Phoenix Life Limited and arranged by SunLife
Golden Leaves, (who are the beneficiaries of the policy,) will utilise the proceeds of the policy at the time of your death, to provide your chosen funeral services.
With their roots going back to 1810, SunLife has strived to deliver affordable financial products providing peace of mind and excellent service to thousands of customers.
Any more questions?
If you require any further information and wish to speak with one of our advisors, please select the Request a Callback button, submit your details and a member of staff will contact you shortly. Alternatively you may find the info you require in our FAQs section.
You can also call us on 0800 85 44 48
Silver Plan Costs
The deposit amount assumed in the illustrative calculations for 24-96 months shown above has been set at £49. Although a higher deposit will be accepted. A higher deposit will lower your monthly payment.
Funeral Safe Representative example
Loan amount of £1450.00 with an upfront arrangement fee payment of £49.00 and monthly repayments of £66.24 over a term of 24 months at a rate of interest per annum (fixed) of 8.99%. This is the equivalent to 11.50% APR representative. Total amount repayable is £1638.76. We will do a credit assessment of your circumstances when you apply. Credit available subject to status and personal circumstance to UK residents aged 18 years and over. Funeral Safe finance is available over terms of 2 – 8 years with (fixed) APR rates from 11.50% based on your personal circumstances. We reserve the right to refuse any application. Information correct as of 25/10/2022. Funeral Safe limited is authorised and regulated by the Financial Conduct Authority and is the Lender (FRN:765110).
**Golden Leaves Limited is a credit broker and not a lender. We are authorised and regulated by the Financial Conduct Authority. Our Firm Reference Number is 960923. You can check this on the Financial Services Register at www.fca.org.co.uk/firms/financial-services-register. We introduce you to and promote credit available only from Funeral Safe Limited for the purpose of financing a funeral plan. You do not have to pay us for this introduction and we do not receive any commission, incentive or other form of payment if you choose to apply for credit with Funeral Safe to finance your Golden Leaves funeral plan.
Fixed Monthly Payments
*Price illustrated is based on starting the policy aged 50. Insert your correct age when purchasing the plan to see the applicable monthly payment.
There is a compulsory deposit of £25 payable to Golden Leaves.